Brian E. Anderson - May 23, 2023 Form 4 Insider Report for BELDEN INC. (BDC)

Role
SVP, Legal, GC and Corp. Sec.
Signature
/s/ Brian E. Anderson
Stock symbol
BDC
Transactions as of
May 23, 2023
Transactions value $
-$2,601
Form type
4
Date filed
5/24/2023, 05:40 PM
Previous filing
Mar 9, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDC Common Stock Options Exercise $31.5K +434 +1.06% $72.57 41.6K May 23, 2023 Direct
transaction BDC Common Stock Disposed to Issuer -$34.1K -399 -0.96% $85.46 41.2K May 23, 2023 Direct F1
transaction BDC Common Stock Tax liability $0 -4.94K -12% $0.00 36.2K May 23, 2023 Direct F2
holding BDC Common Stock 712 May 23, 2023 By 401(k) Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BDC Stock Appreciation Rights Options Exercise $0 -434 -100% $0.00* 0 May 23, 2023 Common Stock 434 $72.57 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents the difference between the number of SARs exercised (434) and the number of shares issued as a result of the exercise (35). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($85.455) and the exercise price ($72.57). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
F2 Shares withheld for tax purposes related to May 23, 2019 restricted stock unit grant that vested on May 23, 2023.
F3 Represents the balance of shares of Belden Inc. common stock held in the Belden Retirement Savings Plan as of the date of this filing.